I sincerely wish a very happy, prosperous and peaceful 2011 to all my readers and fellow members here.
As to the situation in Pakistan, the people of the South Asian nation have continued to demonstrate great courage and remarkable resilience in the face of multiple serious crises bedeviling them. I salute them and wish them the very best for 2011.
In addition to blossoming of arts and literature, Pakistan's main stock market ended 2010 with a 28 percent annual gain, easily surpassing Mumbai Sensex's 17 perecent gain for 2010.
If you had invested $100 in KSE-100 stocks on Dec. 31, 1999, you'd have over $1000 today, while $100 invested in the Mumbai's Sensex stocks would be worth about $400. Investment of $100 in emerging-market stocks in general on Dec. 31, 1999 would get you about $300 today, while $100 invested in the S&P500 would be essentially flat at $100 today.
Read more at
Haq's Musings: Pakistan Shares Exceed BRIC Gains in 2010
Haq's Musings: Pakistan's Year 2010: The Other Story
As to the situation in Pakistan, the people of the South Asian nation have continued to demonstrate great courage and remarkable resilience in the face of multiple serious crises bedeviling them. I salute them and wish them the very best for 2011.
In addition to blossoming of arts and literature, Pakistan's main stock market ended 2010 with a 28 percent annual gain, easily surpassing Mumbai Sensex's 17 perecent gain for 2010.
If you had invested $100 in KSE-100 stocks on Dec. 31, 1999, you'd have over $1000 today, while $100 invested in the Mumbai's Sensex stocks would be worth about $400. Investment of $100 in emerging-market stocks in general on Dec. 31, 1999 would get you about $300 today, while $100 invested in the S&P500 would be essentially flat at $100 today.
Read more at
Haq's Musings: Pakistan Shares Exceed BRIC Gains in 2010
Haq's Musings: Pakistan's Year 2010: The Other Story
